Finance Executive (Accounts Receivables)

Shipa Delivery is an online platform that makes it easier for businesses and consumers to send and receive parcels within the GCC. Our expanding operation connects users with a network of delivery assets and services via mobile apps and online business dashboards. We make collection of packages within one hour a reality, along with a choice of on-demand, same-day, next-day, and cross-border delivery services. Shipa Delivery’s technology stack provides real-time parcel tracking via GPS; and for businesses, an integrated solution to streamline last-mile logistics and automate delivery management.

We celebrate versatile and self-driven candidates. We need you to be obsessed with customer engagement and be a force of evolution to make us better every day. Our culture is all about speed and care. 

Role Summary: As an Accounts Receivables you will fully support the Shipa’s Accounts Receivables function within the Finance Department. You will be responsible for establishing and maintaining good relationships with the clients, procuring credit lines, and managing finance operations. The role requires a proactive individual with a strong accounting background, exceptional Microsoft Excel skills, and a keen analytical mind to ensure timely and accurate billing processes.

Responsibilities includes but not limited to:

• Supervise and coordinate the activities of the Accounts Receivable section.
• Reconciliation of Cash on Delivery (COD) for all clients.
• Ensuring the timely and effective follow-up on overdue payables/receivables, managing communication with clients/suppliers for payment reminders, and escalating unresolved issues to higher management as necessary.
• Preparation of COD Sheets for all clients and bulk emailing to all clients.
• Uploading COD Payments as per contractual terms and taking appropriate action wherever necessary.
• Recording and updating the same into COD Master control sheet/NetSuite.
• Matching COD collected and Point of Sale (POS) Collected amounts to amounts paid out in the system.
• Resolving all COD/Invoice related queries.
• Validation of pricing in the system.
• Working on revenue recognition - complete cycle, ensuring all are billed as per the contract.
• Preparation of E-Credit Notes after internal checks.
• Preparation and validation of system-generated Statements of Account (SOA) & COD statements.
• Addressing all reconciliation issues on clients' end and following up for Payments.
• Maintaining Client Compliance such as:
  A. Contracts
  B. Certificates (VAT and CR)
  C. Bank Details and updating Bank details in the Bank
  D. Maintaining Point of Contact directory and utilizing it for client updates.
• Supporting month-end and year-end closing tasks.
• Liaising with inter-company for all inter-company related transactions.
• Preparing month-end reports PC1/AR/COD vs PPD report and other reports as required.